On November 5, Jay Woods, Chief Global Strategist at Freedom Capital Markets, appeared on CNBC to state that the valuation worries as overstated. Valuation concerns are widely believed to be the reason for the market sell-off; however, Woods believes that the sell-off is likely a combination of other external factors as well, such as the government shutdown or inflation. He acknowledged that valuations were extreme before the sell-off, but suggested this is merely the headline to fit the narrative. Woods described the shutdown as a debacle, even calling it a shut show.

The core impact, in Woods’ view, was on the Fed. Due to the shutdown, the Fed could not know what would happen with its decision in December. He referenced Chairman Jerome Powell’s previous statement that the Fed uses available data, but with the shutdown, they were forced to interpret data since they do not have hard data. Woods mentioned the Beige Book as an alternative data source and stated they will watch the November 26 Beige Book for insight into the Fed’s decision.

Earlier on October 31, Patrick Fruzzetti also appeared on CNBC to suggest that investors have to be disciplined around valuation as the year draws to a close. He believes that fundamentals still hold some sway, though he acknowledged the powerful market momentum that can lead people to get carried away.

That being said, we’re here with a list of the 13 most undervalued NYSE stocks to buy right now.

Our Methodology

We first sifted through the Finviz stock screener to compile a list of the top NYSE stocks that had a forward P/E ratio under 15. We then selected the 13 stocks that had an upside potential of over 30% . The stocks are ranked in ascending order of their upside potential. We have also added the hedge fund sentiment for each stock, as of Q2 2025, which was sourced from Insider Monkey’s database.

Note: All data was sourced on November 21. 

Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 427.7% since May 2014, beating its benchmark by 264 percentage points (see more details here).

13 Most Undervalued NYSE Stocks to Buy Right Now

13. Wyndham Hotels & Resorts Inc. (NYSE:WH)

Forward P/E Ratio as of November 21: 14.53

Number of Hedge Fund Holders: 46

Average Upside Potential as of  November 21: 30.98%

Wyndham Hotels & Resorts Inc. (NYSE:WH) is one of the most undervalued NYSE stocks to buy right now. On November 18, Wells Fargo initiated coverage of Wyndham Hotels with an Equal Weight rating and $82 price target. Although the company’s shares are currently considered cheap, the analyst remains cautious because consensus earnings estimates still seem overly optimistic. Wells Fargo is maintaining a neutral stance and will wait for an improvement in Wyndham’s Revenue Per Available Room/PAR or reported fee growth before considering an upgrade.

In its Q3 2205 earnings report released earlier, Wyndham Hotels & Resorts disclosed a decline of 5% year-over-year in its Revenue PAR. Fee-Related and Other Revenues totaled $382 million and dropped by 3% decline due to the drop in Revenue PAR. On the growth front, the company achieved a 21% increase in room openings and a 24% increase in deals signed during the quarter. This expansion drove net room growth internationally by 9%, and the overall global pipeline grew by 4% to reach a record 257,000 rooms across ~2,200 hotels. This pipeline carries a Fee Par premium of over 30% domestically and 25% internationally.

Wyndham’s full-year Revenue PAR outlook is now expected to decline 2% to 3% in constant currency, which is a reduction of 1% to 3% from previous expectations. The outlook for Fee-Related and Other Revenues is $1.43 to $1.45 billion. The company was also able to generate $382.00 million in quarterly revenue and earn $1.46 per share.

Wyndham Hotels & Resorts Inc. (NYSE:WH) operates as a hotel franchisor in the US and internationally.

12. ConocoPhillips (NYSE:COP)

Forward P/E Ratio as of November 21: 14.06

Number of Hedge Fund Holders: 72

Average Upside Potential as of  November 21: 31.62%

ConocoPhillips (NYSE:COP) is one of the most undervalued NYSE stocks to buy right now. On November 12, UBS lowered the firm’s price target on ConocoPhillips to $117 from $122 and kept a Buy rating on the shares. Despite the financial challenges faced by the company associated with the Willow CapEx, UBS kept its optimistic forecast unchanged.

Earlier on November 6, Bloomberg reported that ConocoPhillips increased its total spending plan for the Willow oil and natural gas project in Alaska to as much as $9 billion due to inflation and rising costs. The company initially estimated capital spending for the North Slope project at $7 to $7.5 billion. The primary reason for raising the estimate to the new range of $8.5 to $9 billion is general inflationary costs amounting to ~$700 million.

ConocoPhillips still expects to begin oil production from the Willow project in early 2029. The project is important for the company as it diversifies its portfolio while shale basins in Texas mature. The Willow project is expected to produce ~600 million barrels of crude over a 30-year lifespan, which aligns with the push for more domestic oil production.

ConocoPhillips (NYSE:COP) explores for, produces, transports, and markets crude oil, bitumen, natural gas, liquefied natural gas/LNG, and natural gas liquids.